Tag: Elon Musk
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Musk and Resource Allocation
by Brivael Elon Musk once said something about resource allocation that really stuck with me. Essentially: past a certain level of wealth, money is no longer about consumption; it’s about capital allocation. That one sentence changes everything. At its core, economics is just an allocation problem. You have finite resources and infinite uses. Who gets…
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Musk: Work will be a Hobby
I can only conclude that Musk’s “Contribution to Consumption Ratio” was a temporary aspiration of his. This is the new motto: People will be absolutely consumption-prone and will forget what work truly meant as a contribution in the past.
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His Secret Sauce
His secret sauce is people, not money. It’s finding the best talent, attracting it and retaining it. Then, success comes from molding corporate culture to accommodate that talent so it can bring value through inovation.
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Musk’s Contribution to Consumption Ratio
Try to be useful. Do things that are useful to your fellow human beings. To the world. It’s very hard to be useful. Very hard. Are you contributing more than you consume? Try to have a positive net contribution to society. I think that’s the thing to aim for. If you live a useful life.…
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The Universe is the Answer
The Universe is the answer. What are the questions? — Elon Musk on the meaning of life (2023)